Issue Ad Watch 2000
The Center will be reporting on groups conducting issue ad campaigns throughout the election cycle to increase media and voter knowledge of these often-times shadowy groups and their interests

General officers, when asked, may serve on boards of directors for non-federal entities provided no compensation is received and the relationship complies with applicable ethics regulations and stated guidance.

Prior to entering into a business arraignment with Jefferson Capital Holding Inc., LTG Kennedy asked the Judge Advocate General's Standards of Conduct attorney for a legal opinion on the proposed relationship. She was provided an opinion, which stated there was no impropriety in the relationship as long as no compensation was received and her official position in the Army was not identified in reference to her position as a board member.

The corporation was in organizational stages when LTG Kennedy joined the board of directors. Her relationship with the corporation never progressed beyond this point. LTG Kennedy never attended any board meetings nor did she ever receive any compensation from the corporation.

LTG Kennedy's financial disclosure reports (SF 278) have fully complied with the requirements of the Ethics in Government Act of 1978. They are administratively complete and do not reveal any potential conflicts of interest with the execution of her official duties. The disclosure that the relationship began in October 1997 rather than May 1997 is due to an administrative oversight based on information provided by Jefferson Capital Holding.